Southern Asia: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Southern Asia

The South Asian market for pure polyvinyl chloride in primary forms dropped slightly to $X in 2022, remaining constant against the previous year. In general, consumption posted buoyant growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell slightly in the following year.

Production of Pure Polyvinyl Chloride in Primary Forms in Southern Asia

In value terms, production of pure polyvinyl chloride in primary forms reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Southern Asia

Exports of pure polyvinyl chloride in primary forms contracted remarkably to X tons in 2022, reducing by X% against the previous year. Overall, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pure polyvinyl chloride in primary forms dropped notably to $X in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Pakistan (X tons) and India (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%).

In value terms, the largest pure polyvinyl chloride in primary forms supplying countries in Southern Asia were India ($X) and Pakistan ($X).

In terms of the main exporting countries, India, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pure polyvinyl chloride in primary forms increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Southern Asia

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were imported in Southern Asia; growing by X% against 2021. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms shrank to $X in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

India was the main importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Bangladesh (X tons), making up a X% share of total imports. Pakistan (X tons) took a relatively small share of total imports.

India was also the fastest-growing in terms of the pure polyvinyl chloride in primary forms imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Pakistan (X p.p.) and Bangladesh (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported pure polyvinyl chloride in primary forms in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

In India, imports of pure polyvinyl chloride in primary forms expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform